Tifton Bank & Trust Company in Tifton, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 15, 1995

Tifton Bank & Trust Company in Tifton, Georgia (GA)
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Tifton Bank & Trust Company - Overview

General
FDIC Certificate #: 27222
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Liberty Bank (#29568)
Federal Reserve ID: 1187850
Date Established: April 18, 1988
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 39154
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: April 18, 1988
Last Structure Change Effective Date: September 15, 1995
Last Structure Change Process Date: October 23, 1995
Last Data Update: October 23, 1995
Data Source Date: April 05, 2012
Location
Address: 300 Commerce Way, Tifton, GA 31794
County: Tift
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Albany Ga
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Tifton, GA (#45700)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $53.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$20Total assets
$53,629Cash and due from depository institutions
$3,747Interest-bearing balances
$1,194Securities
$10,412Federal funds sold & reverse repurchase agreements
$2,160Net loans & leases
$35,461Loan loss allowance
$404Trading account assets
$0Bank premises and fixed assets
$1,189Other real estate owned
$6Goodwill and other intangibles
$654Life insurance assets
$0All other assets
$0Total liabilities and capital
$53,629Total liabilities
$48,654Total deposits
$48,315Interest-bearing deposits
$42,242Deposits held in domestic offices
48315.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$15Subordinated debt
$0All other liabilities
$324Total equity capital
$324Total bank equity capital
$4,975Perpetual preferred stock
$0Common stock
$2,000Surplus
$1,600Undivided profits
Memoranda
$1,375Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$395Income earned, not collected on loans
$453Earning assets
$49,227Long-term assets (5+ years)
$1,766Average Assets, year-to-date
$51,492Average Assets, quarterly
$53,302Volatile liabilities
$9,063Insider loans
$2,263FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$6,767Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,108Total risk weighted assets
$36,944Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$3,707Total interest expense
$1,606Net interest income
$2,101Provision for loan and lease losses
$61Total noninterest income
$378Fiduciary activities
$0Service charges on deposit accounts
$321Trading account gains & fees
$0Additional noninterest income
$57Total noninterest expense
$2,005Salaries and employee benefits
$762Premises and equipment expense
$274Additional noninterest expense
$969Pre-tax net operating income
$413Securities gains (losses)
$0Applicable income taxes
$139Income before extraordinary items
$274Extraordinary gains - net
$0Net income attributable to bank
$274Net charge-offs
$57Cash dividends
$140Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.88%Cost of funding earning assets
3.41%Net interest margin
4.46%Noninterest income to earning assets
0.80%Noninterest expense to earning assets
4.26%Net operating income to assets
0.53%Return on assets (ROA)
0.53%Pretax return on assets
0.80%Return on equity (ROE)
5.40%Retained earnings to average equity (YTD only)
2.64%Net charge-offs to loans
0.17%Credit loss provision to net charge-offs
107.02%Efficiency ratio
80,879Assets per employee
2.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
51.09%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
102.28%Noncurrent assets plus other real estate owned to assets
0.75%Noncurrent loans to loans
1.10%Net loans and leases to deposits
73.40%Net loans and leases to core deposits
90.34%Equity capital to assets
9.28%Core capital (leverage) ratio
9.82%Tier 1 risk-based capital ratio
13.83%Total risk-based capital ratio
Memoranda
$15Average assets
$51,492Average earning assets
$5,069Average equity
$47,065Average loans

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